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Jana Jeffery

jana@janainkc.com +1(816) 882-3970

Listed by Alex Olson • Legendary Apartment Brokers

$ 895,000

Est. payment -/mo

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Active

5941 Raytown RD Raytown, MO 64133

0.85 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Package of Properties

Listing Status Active

Purchase Type For Sale

Subdivision Askanas Heights

MLS Listing ID 2627261

Year Built 1954

Annual Tax Amount $7,200

Lot Size 0.849 Acres

Acres 0.8485078

Property Sub-Type Package of Properties

Source hmls

Property Description

This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools, tree-lined streets, and easy access to 350 Hwy, Kansas City, Independence, Lee's Summit, Blue Springs, shopping, restaurants, jobs, and daily conveniences. Each tenant has a private exterior entry, creating a true “home” feel, and the property offers plenty of off-street parking, washer/dryer hookups inside every unit, central heating and cooling, and separate gas, electric, and water/sewer meters for each unit. This is truly a pretty dang easy-to-understand investment property: tenants pay water/sewer, electric, and gas, with the owner currently responsible only for trash and lawn. A future owner may also have the ability to bill back certain expenses with new leases, depending on their management strategy. Significant improvements have already been completed, including updated paint schemes, many new windows, sewer replacement, foundation improvements, attic insulation to R-49, newer mechanicals in select units, and more. One duplex also includes attached garages for each side. All four duplexes are on separate parcels, creating an excellent long-term exit strategy for a future owner. Great in-place rents with room to grow, very low regular owner expenses, substantial CapEx already invested, and a quiet cul-de-sac setting make this a compelling Raytown multifamily opportunity.

Location

State MO

County Jackson

Zoning MF

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Parking Features true

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Board & Batten Siding,Other

Schools

School District Raytown

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://drive.google.com/drive/folders/1mcPgUP145N5EWb9Bz-a_H7M35e1tuEsz?usp=sharing

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+1(816) 882-3970

jana@janainkc.com

http://janainkc.com